---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-21-002647"
form_type: "8-K"
ticker: "VIRT"
cik: "0001592386"
company_name: "Virtu Financial, Inc."
filed_at: "2021-08-17T23:59:59+00:00"
generated_at: "2026-06-29T09:34:08.330449+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Director Glenn Hutchins resigns; company updates share repurchase progress

## Summary
- Glenn Hutchins resigned from Board effective Aug 17, 2021 after Ordinal Holdings repurchase triggered reduced nomination rights.
- Board now has 11 directors; Robert Greifeld remains Chairman.
- As of Aug 13, 2021, repurchased 11,064,638 shares for $302.6M of $470M authorization at avg $27.35.
- In Q3 2021 through Aug 13, repurchased 3,992,900 shares for $104.0M at avg $26.05.

## SEC filing metadata
- accession: 0000950142-21-002647
- form_type: 8-K
- ticker: VIRT
- cik: 0001592386
- company_name: Virtu Financial, Inc.
- filed_at: 2021-08-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592386/000095014221002647/0000950142-21-002647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592386/000095014221002647/eh210177721_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-21-002647
- JSON: https://secwatch.observer/filing/0000950142-21-002647.json
- Plain text: https://secwatch.observer/filing/0000950142-21-002647.txt

## Key facts
- Executive change
  Glenn Hutchins resigned as Director at Virtu Financial, Inc..
  - Action: resigned
  - Role: Director
  source text: On August 17, 2021, Glenn Hutchins resigned from the Board of Directors (the “Board”) of Virtu Financial, Inc. (the “Company”), and the Board’s Strategy Committee and Risk Committee, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592386/000095014221002647/0000950142-21-002647-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.